San Francisco-Based Tech Firm Moving NYC Offices Within Midtown

NinthDecimal, a tech company that provides data about consumers to businesses, has signed a 5,500-square-foot lease to relocate to Quartz Realty’s 16 East 40th Street between Madison and Fifth Avenues.

The San Francisco-headquartered technology company will occupy a portion of the fourth floor in the 12-story office property, a source informed Commercial Observer. The asking rent in the deal was $55 per square foot. The length of the lease is three years, according to CoStar Group.

“NinthDecimal’s new space at 16 East 40th Street overlooks 40th Street, providing a lot of natural light,” Andrew Udis of ABS Partners Real Estate, who represented the landlord with colleague Ron Zimmerman, said in a statement. “The space’s high, open ceilings and glass-fronted private offices also create a modern feel, which complemented the growing tech firm’s brand.”